Ripple Casinos

Ripple Online Casinos Guide

Looking to pay at an online casino site using a cryptocurrency? If so, Ripple (commonly abbreviated to XRP), could be a fantastic choice. Sure, it’s nowhere near as popular as Bitcoin, however this payment option has been around since 2012, and in that time, it’s amassed a loyal group of users. This is thanks to the safety on offer, as well as the incredibly smooth transactions and the fact that there are absolutely no fees to pay. Why not learn more about using XRP at online gambling sites by looking through the page below?

Getting Started

While it has a few differences, using this currency is essentially the same as using most other cryptocurrencies. So, to start with, you’ll need to head to an exchange and purchase XRP, which can be done using a credit/debit card or many other ways. The currency just purchased can then be stored at the exchange, however this isn’t particularly secure. Instead, you should download a wallet or, even better, purchase a hardware wallet. Your XRP can then be stored there, in a far safer environment.

Once there is XRP in your wallet, you’ll need to hit the internet and find the best site accepting this payment method. This can easily be done by reading through the various reviews here on this website. It’s then a case of signing up with the chosen site - something that should only take a couple of minutes maximum.

Deposits

ripple_deposit

The first thing to do when making a deposit using this currency is head to the depositing page, before then selecting the correct option from the list. After you’ve selected Ripple, you’ll find that your casino account is assigned a unique 34-character wallet address. Select this and copy it into your computer’s clipboard, as it’s going to be needed soon.

The next stage is to head to your wallet and, providing there are funds in it, initiate the transaction. To do this, choose how much money to deposit and then enter the code that the gambling site quoted. Make sure the code is entered correctly - doing so incorrectly could lead to the XRP heading to the incorrect location, meaning that it will be lost forever. Once the transaction has been confirmed, head back to the casino. The money will then be in your gambling account within a matter of seconds. It can then be used to play casino games, including roulette and blackjack, straightaway.

Withdrawals

ripple_withdraw

Withdrawals won’t always be offered, and in this case, an alternative way to get your hands on the money will need to be selected. If XRP can be used for withdrawals though, the first thing needed is your wallet address. It’s then a case of heading to the withdrawals section of the casino and selecting the correct option. Tap in the wallet address and how much money to withdraw, and then confirm the transaction.

Some withdrawals using this currency are instant, which is clearly a fantastic thing. It can sometimes take a couple of days for the casino to process the payout request though. Check the withdrawal times at an online gambling site before requesting the payout, just to be aware of how long the wait will be. Also, make sure that all wagering requirements have been met for any claimed bonuses, otherwise you might not receive all the money that has been requested.

Advantages

The biggest reason this cryptocurrency is so popular is the fact that it negates the need for currency conversion. You might not know this, but if you deposit in one currency, but the site uses a different currency, it takes a while for the exchanges to be carried out. Ripple removes the need for currency conversion though, which can only ever benefit the player.

Because the need for conversions has been negated, users will find that deposits made using this payment method are exceptionally fast. In fact, they’re faster than deposits from all other cryptocurrencies, including Bitcoin. After initiating the deposit, players only have to wait, on average, four seconds for the money to be in their casino account. Some other cryptocurrencies can take minutes, or even hours, for the transaction to be completed.

It’s also the case that this payment method is completely free. Even other cryptocurrencies can have very small charges, however there’s nothing to pay when using XRP. The merchant also doesn’t pay anything in order to accept this currency, meaning that they won’t try to pass these costs onto the player. If you do ever stumble across a site charging fees to deposit in this way, we’d recommend leaving immediately and signing up with a different gambling site instead.

Finally, and very importantly, this is one of the safest ways to pay at an online casino. This is because no personal details will ever need to be given to the gambling site in question, so they can never be appropriated by an unauthorised third party. Remember that banking details might have to be provided in order to withdraw though, depending on whether XRP can be used to receive payouts.

Disadvantages

There are two main disadvantages to this payment method, and the first is the fact that it isn’t too widely accepted. You will be able to use this site to find the available places to play, however the range of different gambling sites will be far lower than it would be if using a different payment option. Therefore, those who value variety above all else should probably deposit and withdraw at online casinos using Bitcoin instead.

The other problem is this: you absolutely must remember the sign-in details for your XRP wallet. Forgetting them isn’t like forgetting an email password, when a new one can be reset incredibly easily. Instead, forgetting a wallet password means that access will be lost to the wallet forever, and all money in it will therefore also be gone. This is why we’d recommend storing details somewhere at home (but not on a computer), just in case you do have a mental blip and forget something.

Link to terms & conditions

https://ripple.com/terms-of-use/

Ripple Online Casinos Guide Looking to pay at an online casino site using a cryptocurrency? If so, Ripple (commonly abbreviated to XRP), could be a fantastic choice. Sure, it’s nowhere near as popular as Bitcoin, however this payment option has been around since 2012, and in that time, it’s amassed a loyal group of users. This is thanks to the safety on offer, as well as the incredibly smooth transactions and the fact that there are absolutely no fees to pay. Why not learn more about using...

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FAQs

How does this payment method differ from other cryptocurrencies?

The main way in which it differs is the fact that it’s much faster, with transactions taking on average 4 seconds. There also aren’t any fees at all for using this cryptocurrency. The same security is still offered though, which is extremely important.

What’s the minimum/maximum transaction amount?

There is no minimum or maximum transaction amount imposed by this cryptocurrency, making it great for both low and high stakes players. You will nearly always find that a casino will have minimum and maximum deposits and withdrawals though.

Can I trust this payment option?

Yes, this payment option can be completely trusted. It has been around since way back in 2012, and it wouldn’t have survived this long if it had a reputation for being untrustworthy. Thousands of people use it, making it the second most popular cryptocurrency in the world.

Where can I buy XRP?

There are many different exchanges where XRP can be bought - a quick search on Google should reveal them. eToro is perhaps the best known of them, as well as being the site we recommend most to those new to this cryptocurrency.

What’s the best casino offering this banking option?

There aren’t too many online gambling sites that currently accept this banking option. The few that do can be found when you look through the reviews on this site though. By reading through the reviews, you’ll be able to find the perfect XRP casino.

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